Permanent School Fund

Texas Permanent School Fund
Company typeSovereign wealth fund
IndustryInstitutional investor
GenrePublic lands, mineral rights, land use rights
Founded1854
FounderAct of the Texas Legislature
Headquarters,
U.S.
Total assetsUS$48.3 billion (August 2020)
OwnerTexas
WebsiteOfficial website

The Texas Permanent School Fund is a sovereign wealth fund which serves to provide revenues for funding of public primary and secondary education in the US state of Texas. Its assets include many publicly owned lands within Texas and various other investments; as of the end of fiscal 2020 (August 31), the fund had an endowment of $48.3 billion. The fund is distinct from the Permanent University Fund, which funds most institutions in the University of Texas System and the Texas A&M University System, but no other public universities or schools in the state.